The California Independent System Operator Corporation welcomed Valley Electric Association Inc. (VEA) as the newest transmission owner to join the California grid as a participating member.
The Pahrump, Nevada, electric cooperative and its unit, Valley Electric Transmission Association, LLC, serve more than 20,639 meters across a 6,849 square mile service territory in southwestern Nevada along the California-Nevada border. VEA also serves parts of Mono and Inyo counties in California.
The new cross-state partnership highlights the value of regional collaboration in greening the grid, creating jobs and benefiting ratepayers across the region. VEA and the California ISO can share efficiencies and be the conduit for cost-effective renewable resources. This win-win relationship also adds competition and liquidity to our energy markets.
The partnership with VEA is part of a larger ISO effort to work with its western neighbors in mutually beneficial ways to achieve efficiencies through regional collaboration. The small network expansion will strengthen reliability in the corner of the ISO grid that overlaps with Nevada.
The California ISO operates the state's wholesale transmission grid, providing open and non-discriminatory access supported by a competitive energy market and comprehensive planning efforts. Partnering with more than 90 client organizations, the ISO is dedicated to the continual development and reliable operation of a modern grid that operates at the least cost to the benefit of consumers.
The ISO bulk power market allocates space on transmission lines, maintains operating reserves and matches supply with demand. Recognizing the importance of global climate change, the ISO welcomes new, advanced technologies that will help meet the energy needs of 30 million Californians efficiently and cleanly. The ISO is a nonprofit public benefit corporation.